In-room Auction: Wednesday 29th Oct at 6pm @ The Glen Hotel 24 Gaskell St, Eight Mile Plains QLD 4113
Located in the high-demand suburb of Runcorn, 104 Nectarine Street offers a strategic opportunity for developers and investors looking to capitalise on an already council-approved subdivision.
Set on a generous 860sqm block, this property comes with approval in place to subdivide into two lots - Lot 1 (413sqm) and Lot 2 (447sqm) - eliminating planning delays and providing a head start on your next development.
Zoned Low Density Residential (Brisbane City Council - Yeerongpilly), the block is flat, functional and ideally positioned to deliver two high-yield homes (STCA). Whether you're planning to build and sell, retain and rent, or landbank for future capital growth, this is a shovel-ready site in one of Brisbane's strongest growth corridors.
The existing post-war home features three bedrooms, one bathroom, multiple living areas, and hardwood floors throughout. It offers solid rental potential in its current condition, with a tidy kitchen, functional layout, and ample car accommodation including undercover parking and a separate shed/garage at the rear.
Surrounded by established homes and new developments, the property is also well-positioned within the Kuraby State School (1.6km) and Runcorn State High School (833m) catchments, making it attractive for future resale. Public transport options, shopping centres, parklands and major road connections are all easily accessible, further enhancing the long-term value of the location.
Opportunities like this - with subdivision approval already secured - are increasingly rare. This is your chance to act fast, secure a ready-to-develop site, and deliver two new builds in a suburb with strong buyer and tenant demand.
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